Showing 1 - 10 of 16
helps understanding heterogeneity in peer effects, but additionally provides a promising mechanism through which personality …
Persistent link: https://www.econbiz.de/10011302392
preferences. We identified a personality profile that clearly reflects anti-social personality characteristics, with high positive …We assess the role of anti-social personality traits in explaining heterogeneity in commonly observed social … personality on investor trust and trustee reciprocity in the presence relative to the absence of the investor's option to punish …
Persistent link: https://www.econbiz.de/10011794369
We conduct an experiment to test whether the size of a loss and the time in a losing position affect investors’ adaptation to the loss situation and, subsequently, whether this adaptation affects future investment decisions. As investors adapt to losses, their neutral reference point shifts...
Persistent link: https://www.econbiz.de/10011377365
Empirical evidence supports the conventional wisdom that entrepreneurs are more optimistic and overconfident than others. However, the same holds true for top managers. In this lab-in-the-field experiment we directly compare the scores of entrepreneurs, managers and employees on a comprehensive...
Persistent link: https://www.econbiz.de/10011378220
We experimentally investigate the determinants of overconfidence and test the hypothesis, advanced by Robert Trivers, that overconfidence serves to more effectively persuade or deceive others. After performing a cognitively challenging task, half of our subjects are informed about the...
Persistent link: https://www.econbiz.de/10011441641
Social norms permeate society across a wide range of issues and are important to understanding how societies function. In this paper we concentrate on 'bad' social norms - those that are inefficient or even damaging to a group. This paper explains how bad social norms evolve and persist; our...
Persistent link: https://www.econbiz.de/10011446896
Persistent link: https://www.econbiz.de/10010191082
Persistent link: https://www.econbiz.de/10010191090
Should education be subsidized for the purpose of redistribution? The usual argument against subsidies to education above the primary level is that the rich take up most education, so a subsidy would increase inequality. We show that there is a counteracting effect: an increase in the stock of...
Persistent link: https://www.econbiz.de/10011317437
In this paper the reading behaviour of economists is examined to see whether particular typesof knowledge - basic and applied - imply different investment patterns. As it turns out, thereading intensity of advanced theoretical and empirical literature declines with three to fourpercent per year...
Persistent link: https://www.econbiz.de/10010371105